Coronavirus: MPs call for emergency funding for cultural organisations March 23, 2020 MPs today called for urgent government support for cultural organisations hit by closures and postponements due to the coronavirus outbreak. The Tate galleries, V&A and Natural History Museum are among scores of cultural institutions that have been forced to close their doors due to the pandemic. The National Trust yesterday reversed its decision to keep [...]
Coronavirus: Closed pubs and restaurants face multi-million pound rent bill March 23, 2020 The hospitality industry has urged the government to ban commercial landlord sanctions, as pubs and restaurants are facing a multi-million pound rent bill due this week. Pubs, bars and restaurants, which suffered a dramatic drop in footfall before they were forced to close on Friday night to slow the spread of coronavirus, are preparing to [...]
Coronavirus: All non-essential stores reportedly set to close March 23, 2020 The government is reportedly set to order the closure of all non-essential shops in a bid to slow the spread of coronavirus. The decision to close all stores except for supermarkets and pharmacies is being discussed at an emergency Cobra meeting today and is expected to be announced at this evening’s government press conference, the [...]
Oil prices wallow near 20-year lows amid coronavirus price war March 23, 2020 Oil prices came close to hitting 20-year lows today, as Brent crude and West Texas Intermediate (WTI) dropped under the growing coronavirus economic panic. Brent crude fell as low as $25 a barrel before falling 2.2 per cent down at $26.40. That is still a level not seen since 2003. WTI, a US oil benchmark, [...]
Harvey Weinstein tests positive for coronavirus in New York jail March 23, 2020 Disgraced film mogul Harvey Weinstein has tested positive for coronavirus while serving a prison sentence in New York for sexual assault and rape. The 68-year-old former film producer has been placed in isolation at Wende Correctional Facility after a test came back positive yesterday, according to Michael Powers, head of the state corrections officers union. [...]
Asda donates money to help food banks during coronavirus crisis as supermarkets offer new jobs March 23, 2020 Supermarket chain Asda will donate £5m to partner charities. The donation to the Trussell Trust and FareShare is part of an effort to help four million vulnerable families. “This funding will help us recruit and train new food bank volunteers across the UK, and support the coordination of packing and delivering pre-made food parcels to [...]
Government ‘in talks with Amazon’ over coronavirus test delivery March 23, 2020 The UK government is said to have approached companies including Amazon over delivering coronavirus testing kits to frontline health and social care workers. Whitehall officials are in discussions with the firms about ramping up the availability of tests for healthcare staff as the spread of the virus picks up pace, the Financial Times reported, citing [...]
Coronavirus: British companies rush to mothball results after City watchdog calls for delay March 23, 2020 British companies are rushing to delay the publication of their results following an unprecedented call from the financial regulator for results to be suspended due to the coronavirus crisis. The Financial Conduct Authority (FCA) said late on Saturday that listed firms planning to report preliminary results in the next few days should mothball them for [...]
Adbreaks during an outbreak: How to advertise during coronavirus lockdown March 23, 2020 After a week in which the coronavirus outbreak has turned life on its head for everyone in the UK, companies are having to learn quickly about how best to operate over the coming months. Some, like toilet roll manufacturers, find themselves in prime position to both help society and make huge steps forward commercially from [...]
Stagecoach and Go-Ahead scrap dividends over coronavirus March 23, 2020 Stagecoach has issued a coronavirus profit warning today as both it and Go-Ahead scrapped their dividends as travel restrictions bite. The operator warned it will now miss its target for adjusted earnings per share for the 12 months to the start of May. “The quickly developing Covid-19 situation means we no longer expect to achieve [...]